“We welcome Tom and the entire Ricketts family to the USL,” CEO Alec Papadakis said. “They bring a proven record of success to the team, and combined with the excellent folks at Sterling Bay, we look forward to their contributions to the future of professional soccer in Chicago.”

That club intends to play its games in a brand new stadium being planned in the Lincoln Park and Bucktown neighborhoods, around two miles south of Wrigley Field.

The stadium, announced as part of Chicago’s bid to lure Amazon’s second headquarters, will feature 20,000 seats and will also be host to concerts and cultural events, according to Sterling Bay. It is expected to open for the 2020 USL season.

The club is currently hosting a contest for fans to choose the team’s name.